Singapore economy

Recession looms in Singapore as trade war weighs on economy: Maybank Kim Eng

[SINGAPORE] Singapore's economy will probably experience a "shallow technical recession" in the third quarter as the global trade outlook worsens, according to Maybank Kim Eng Research.

Brace for greater headwinds: Chan Chun Sing

SINGAPORE must "brace for greater economic headwinds in the year ahead", though the country's strong fundamentals and strategies will help it tackle these challenges, Minister for Trade and...

No light at the end of manufacturing tunnel

THE fate of the Singapore economy hangs on US-China trade outcomes, analysts warned on Wednesday, after more gloomy factory numbers.

Singapore factory output worse than expected, down by 2.4% in May

SINGAPORE factory output fell again in May, after a brief reprieve the month before.

Brace for headwinds in coming year: Chan Chun Sing

SINGAPORE must "brace for greater economic headwinds in the year ahead", though the country's strong fundamentals and strategies will help it tackle these challenges, Minister for Trade and Industry...

Singapore's factories go no-frills as trade war hits demand

[SINGAPORE] Last year, Singaporean chemicals factory boss Erman Tan took his employees on a cruise to the Malaysian island of Penang.

Forecasting recession and recovery is a mix of science, art and timing

MORE economists are now saying that Singapore could enter a downturn next year, as the simmering US-China trade war threatens to bubble over and affect the rest of the world.

Electronics exports hit 10-year low, heralding further pain ahead

SINGAPORE'S electronics exports in May posted their sharpest contraction since 2009, dragged down by the US-China trade conflict, the fading of the semiconductor cycle and weakening external...

Economists trim Singapore's 2019 growth forecast to 2.1%

TRADE protectionism remains the top growth risk cited by private-sector economists, who have further trimmed their 2019 forecast for Singapore to 2.1 per cent, in the Monetary Authority of...

Singapore retail sales continue slump in April

SINGAPORE retail sales were down 1.8 per cent year on year in April, deepening from March's 1 per cent fall and worse than economists' expectations of a 0.2 per cent decline, according to a...

Singapore to experience sharpest slowdown in S-E Asia with 1.9% GDP growth this year: ICAEW report

SINGAPORE is expected to experience the sharpest economic slowdown in South-east Asia, with GDP (gross domestic product) growth slowing from 3.1 per cent in 2018 to 1.9 per cent this year, as its...